The Future is Biofuels

Did you hear the good news? Exxon has invested with Synthetic Genomics Inc. to develop photosynthetic algae for transportation fuels. Biofuels and those derived from algae are receiving a lot of support because biofuels are a seamless transition for diesel cars and trucks away from petroleum based fuels. Algae is a particularly interesting source of mass produced biofuels because it requires a lot of carbon dioxide to grow, doesn’t interfere with the global food production economy, and is currently omitted from cap and trade provisions.